Business Fed Chair Powell calls inflation ‘too high’ and warns that ‘we are prepared to raise rates further’ by August 26, 2023 August 26, 2023 Federal Reserve Chair Jerome Powell on Friday called for more vigilance in the fight against inflation, warning… 0 FacebookTwitterPinterestEmail
Business Spirit Airlines to pay up to $8.25 million in class action over ‘gotcha’ carry-on bag fees by August 26, 2023 August 26, 2023 Spirit Airlines has agreed to pay up to $8.25 million to settle a class action… 0 FacebookTwitterPinterestEmail
Business Southwest Airlines is now limiting a service that lets passengers buy a better spot in the boarding line by August 25, 2023 August 25, 2023 Southwest Airlines is changing its unusual boarding system by limiting the opportunity to pay an… 0 FacebookTwitterPinterestEmail
Business Recalled products linked to more than 100 infant deaths are still for sale on Facebook, lawmakers say by August 25, 2023 August 25, 2023 Recalled baby products linked to more than 100 infant deaths are still widely sold on Facebook Marketplace… 0 FacebookTwitterPinterestEmail
Business Peloton shares fall after it posts wider-than-expected loss, falling sales due to Bike recall, seasonality by August 24, 2023 August 24, 2023 Peloton on Wednesday reported a wider-than-expected loss and a quarterly drop in new subscribers that it… 0 FacebookTwitterPinterestEmail
Business Truck purchases are driving up the average cost of car payments. Some buyers pay over $1,000 a month by August 24, 2023 August 24, 2023 Car shoppers are paying more than ever to finance new vehicles — and pickup trucks are driving… 0 FacebookTwitterPinterestEmail
Business Peloton shares fall after posting wider-than-expected loss, falling sales due to Bike recall, seasonality by August 24, 2023 August 24, 2023 Peloton on Wednesday reported a wider-than-expected loss and a quarterly drop in new subscribers that it… 0 FacebookTwitterPinterestEmail
Business UPS workers overwhelmingly approve new contract, ending strike threat by August 23, 2023 August 23, 2023 UPS workers ratified the Teamsters-negotiated labor deal reached nearly a month ago, allowing the next… 0 FacebookTwitterPinterestEmail
Business S&P downgrades multiple U.S. banks on growing liquidity worries by August 23, 2023 August 23, 2023 S&P Global followed Moody’s in cutting its credit ratings and outlook on multiple U.S. regional… 0 FacebookTwitterPinterestEmail
Business The 30-year mortgage rate hits 7.48%, the highest level since 2000 by August 22, 2023 August 22, 2023 Mortgage interest rates continue to climb, putting homeownership further out of reach for many potential… 0 FacebookTwitterPinterestEmail